---
title: "Drone Destination Ltd (DRONE) — Share Price, Financials & Analysis"
symbol: "DRONE"
company: "Drone Destination Ltd"
canonical: "https://tapetide.com/stocks/DRONE"
isin: "INE0P7201019"
nse_symbol: "DRONE"
sector: "Consumer Services"
industry: "Education"
market_cap_cr: 80.76
generated_at: "2026-09-13T18:45:35.133Z"
---

# Drone Destination Ltd (DRONE)

Canonical page: https://tapetide.com/stocks/DRONE

## Company

- **NSE Symbol:** DRONE
- **ISIN:** INE0P7201019
- **Sector:** Consumer Services
- **Industry:** Education
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2023-07-21
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** thedronedestination.com

## About

Incorporated in 2019, Drone Destination 
Ltd manufactures, deals and provides 
training of Drones[1]

## Latest Price

- **Price:** ₹33.5
- **Change:** +0.1 (+0.3%)
- **Open:** ₹33
- **Day High:** ₹34.65
- **Day Low:** ₹32.6
- **Previous Close:** ₹33.4
- **Volume:** 19000
- **As Of:** 2026-09-11T09:58:16+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:20.975744Z.

- **Market Cap:** ₹80.76 Cr
- **Classification:** SME
- **P/E (reported):** 69.6
- **Book Value:** ₹24.86
- **Price to Book:** 1.34
- **Dividend Yield:** 0%
- **ROE:** -11.45%
- **ROCE:** -11.65%
- **Debt to Equity:** 0.39
- **Revenue (yearly):** ₹35.07 Cr
- **Net Income:** ₹2.02 Cr
- **EBITDA:** ₹9.7 Cr
- **52-Week High:** ₹101.85
- **52-Week Low:** ₹32
- **RSI (14):** 35.18

## Tapetide Score

- **Score:** 44 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 25 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 58.23 | 9% |
| growth | 87.18 | 9% |
| momentum | 13.21 | 12% |
| ownership | 36.16 | 24% |
| quality | 60.54 | 22% |
| valuation | 31.07 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 0.90% over last 3 years.
- Company has high debtors of 289 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 22.91% | — | — |
| ebitda margin growth | — | -37.69% | 70.4% |
| net income growth | -129.71% | -22% | 91% |
| revenue growth | 36.46% | 43% | 146% |
| roce | -175.8% | -161.09% | 5.79% |
| roe | -199.65% | 4.87% | -93.93% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 9.02 | 5.48 | 26.35 | 13.83 | 11.06 | 14.84 | 20.22 |
| Expenses | 5.03 | 3.58 | 15.19 | 8.98 | 16.27 | 10.12 | 15.24 |
| Operating Profit | 3.99 | 1.9 | 11.16 | 4.85 | -5.21 | 4.72 | 4.98 |
| OPM % | 44.24 | 34.67 | 42.35 | 35.07 | -47.11 | 31.81 | 24.63 |
| Other Income | 0.1 | 0.03 | 0.77 | 0.43 | 0.41 | 0.76 | 0.8 |
| Interest | 0.07 | 0.14 | 0.24 | 0.37 | 1.08 | 1.32 | 1.59 |
| Depreciation | 0.7 | 1.28 | 2.72 | 3.55 | 4.35 | 3.07 | 3.26 |
| Profit before tax | 3.32 | 0.51 | 8.97 | 1.36 | -10.23 | 1.09 | 0.93 |
| Tax % | 24.4 | 23.53 | 25.42 | 25.74 | -23.46 | -38.53 | 136.56 |
| Net Profit | 2.51 | 0.39 | 6.69 | 1.02 | -7.83 | 1.51 | -0.34 |
| EPS in Rs | 5.02 | 0.16 | 2.75 | 0.42 | -3.21 | 0.62 | -0.14 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.39 | 2.56 | 12.07 | 31.82 | 24.9 | 35.07 |
| Expenses | 0.42 | 2.17 | 7.37 | 18.75 | 25.26 | 25.37 |
| Operating Profit | -0.03 | 0.39 | 4.7 | 13.07 | -0.36 | 9.7 |
| OPM % | -7.69 | 15.23 | 38.94 | 41.07 | -1.45 | 27.66 |
| Other Income | 0 | 0.01 | 0.1 | 0.79 | 0.84 | 1.56 |
| Interest | 0 | 0.02 | 0.17 | 0.38 | 1.45 | 2.91 |
| Depreciation | 0.04 | 0.11 | 1.23 | 4 | 7.9 | 6.34 |
| Profit before tax | -0.07 | 0.27 | 3.4 | 9.48 | -8.87 | 2.01 |
| Tax % | -28.57 | 25.93 | 24.41 | 25.32 | -23.11 | 41.79 |
| Net Profit | -0.05 | 0.21 | 2.56 | 7.08 | -6.81 | 1.17 |
| EPS in Rs | — | — | 5.12 | 2.91 | -2.79 | 0.48 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.11 | 0.11 | 5 | 24.3 | 24.4 | 24.4 |
| Reserves | -0.09 | 0.12 | 12.6 | 37.33 | 35.09 | 36.27 |
| Borrowings | 0.55 | 1.51 | 1.59 | 3.98 | 15.97 | 23.65 |
| Other Liabilities | 0.39 | 1.04 | 4.4 | 10.42 | 3.76 | 5.64 |
| Total Liabilities | 0.96 | 2.78 | 23.59 | 76.03 | 79.22 | 89.96 |
| Fixed Assets | 0.27 | 0.72 | 5.33 | 14.59 | 17.78 | 15.22 |
| CWIP | 0 | 0 | 0 | 0.76 | 0.26 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.69 | 2.06 | 18.26 | 60.68 | 61.18 | 74.74 |
| Total Assets | 0.96 | 2.78 | 23.59 | 76.03 | 79.22 | 89.96 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.13 | -0.08 | 0.83 | -13.14 | -10.13 | -0.65 |
| Cash from Investing Activity | -0.26 | -0.56 | -5.84 | -14.82 | -9.83 | -2.01 |
| Cash from Financing Activity | 0.4 | 0.95 | 14.89 | 39.1 | 16.02 | 4.95 |
| Net Cash Flow | 0.01 | 0.32 | 9.88 | 11.13 | -3.94 | 2.29 |
| Free Cash Flow | -0.39 | -0.64 | -5.01 | -27.17 | -20.72 | -4.17 |
| CFO/OP | 433 | -21 | 18 | -85 | 1886 | -7 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 56.15 | 37.07 | 201.7 | 217.49 | 262.39 | 288.82 |
| Inventory Days | — | — | — | 528.84 | 2565.6 | 907.41 |
| Days Payable | — | — | — | 1080.48 | 305.93 | 197.28 |
| Cash Conversion Cycle | 56.15 | 37.07 | 201.7 | -334.16 | 2522.06 | 998.94 |
| Working Capital Days | 149.74 | 76.99 | 91.63 | 299.27 | 368.96 | 334.19 |
| ROCE % | — | 25.11 | 33.16 | 23.28 | -10.52 | 6.16 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 85.14% | 61.3% | 61.3% | 61.28% | 61.03% | 61.03% | 61.03% |
| FIIs | 0% | 3.95% | 2.98% | 1.22% | 1.09% | 2.34% | 1.4% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 14.41% | 27.93% | 28.11% | 30.32% | 29.66% | 28.69% | 29.37% |
| Others | 0.45% | 6.82% | 7.61% | 7.19% | 8.23% | 7.94% | 8.21% |
| No. of Shareholders | 84 | 84 | 1646 | 2176 | 3149 | 4241 | 4286 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 33.77 | Sell |
| EMA (10) | 34.03 | Sell |
| SMA (20) | 35.39 | Sell |
| EMA (20) | 35.17 | Sell |
| SMA (50) | 37.89 | Sell |
| EMA (50) | 37.55 | Sell |
| SMA (100) | 40.96 | Sell |
| EMA (100) | 41.26 | Sell |
| SMA (200) | 48.61 | Sell |
| EMA (200) | 52.01 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.91 | Neutral |
| MACD (12,26,9) | -1.47 | Sell |
| Stochastic (14,3,3) | 19.87 | Buy |
| ADX (14) | 19.22 | Neutral |
| Williams %R (14) | -78.57 | Neutral |
| ATR (14) | 1.74 | High Volatility |
| ROC (12) | -7.33 | Sell |
| Stoch RSI (14) | 18.05 | Buy |
| UO (7,14,28) | 47.55 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - Submitted Regulation 74(5) compliance certificate for quarter ended 30 June 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Submitted Regulation 74(5) compliance certificate for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_09072026124551_Regulation74_5_signed.pdf) |
| 9 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 9 April 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=DRONE&tabIndex=sme) |
| 7 Sep - Board approved 7th AGM on 29 September 2026 and fixed 5 September 2026 cut-off date. | [Shareholders meeting 7 Sep - Board approved 7th AGM on 29 September 2026 and fixed 5 September 2026 cut-off date.](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_07092026154153_OutcomeofBM07092026.pdf) |
| 6 March 2026 - EGM Apr 02, 2026: reappoint two independent directors; secretarial auditor; warrants expiry Mar 20, 2026 (7,00,000, ₹13.09Cr). | [Shareholders meeting 6 March 2026 - EGM Apr 02, 2026: reappoint two independent directors; secretarial auditor; warrants expiry Mar 20, 2026 (7,00,000, ₹13.09Cr).](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_06032026171601_NoticeofEGM02042026.pdf) |
| 6 March 2026 - Board approved re-appointments of Satendra Singh and Rajiv Ahuja; EGM set April 02, 2026; cut-off Feb 28; scrutinizer appointed. | [Change in Director(s) 6 March 2026 - Board approved re-appointments of Satendra Singh and Rajiv Ahuja; EGM set April 02, 2026; cut-off Feb 28; scrutinizer appointed.](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_06032026170930_OutcomeBM06032026.pdf) |
| 6 Jul - Promoter group confirms no new share encumbrance as of April 28, 2026. | [Disclosure under SEBI Takeover Regulations 6 Jul - Promoter group confirms no new share encumbrance as of April 28, 2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_28042026181210_DRONE.pdf) |
| 4 February 2026 - Reply to NSE: utilization of proceeds filed Nov 14, 2025; no reportable segments for HY Sep 30, 2025. | [Reply to Clarification- Financial results 4 February 2026 - Reply to NSE: utilization of proceeds filed Nov 14, 2025; no reportable segments for HY Sep 30, 2025.](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_21012026124059_SegmentReportingFinancial_ResultSep25.pdf) |
| 31 March 2026 - Reappointment of two independent directors Apr 29,2026–Apr 28,2031; EGM April 02,2026; cut-off Feb 28,2026. | [Change in Director(s) 31 March 2026 - Reappointment of two independent directors Apr 29,2026–Apr 28,2031; EGM April 02,2026; cut-off Feb 28,2026.](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_31032026131316_RevisedOutcomeBM06032026.pdf) |
| 30 May - Submitted newspaper copies for half-year audited standalone results ended 31 March 2026. | [Copy of Newspaper Publication 30 May - Submitted newspaper copies for half-year audited standalone results ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_30052026170352_Newspaper_adv_march26.pdf) |
| 30 May - Board approved audited FY26 results; auditors issued unmodified opinion on March 31, 2026 results. | [Outcome of Board Meeting 30 May - Board approved audited FY26 results; auditors issued unmodified opinion on March 31, 2026 results.](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_30052026172627_OutcomeBM29052026ocrrevised.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31697_DRONE_2025_2026_A_3637486_07092026165800.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28336_DRONE_2024_2025_A_4454643_03092025193419.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24594_DRONE_2023_2024_19072024182110.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_03062025132746_TranscriptEarningsCall300529.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://nsearchives.nseindia.com/corporate/DRONE_03062024225311_EarningsCallTranscript.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:45:35.133Z.